Sell house to pay all debt We are considering to sell our house and use the profits to get out of debt. We lost one income so we are very tight right now with our bills. We owe $166k and houses in our area are selling for $475-500k. We want to buy a condo cash in the area we like for about $250k We have a 3 car loans for a total of $108k. Our current house is 5 bedrooms …

Pay off 6.5% mortgage on duplex? Basically the title. I bought a 2 family home that cash flows are 800-900 a month. I have 190,000 left and was thinking that I can aggressively pay it off by 29 years old. Live with my parents at the moment and they even offered to pitch money here and there to help me pay it off. I am a 27M who makes around 150-170k gross income. Take home aro…

Use 50k sign on bonus and savings to pay off 80k student loan? I am starting a new job and will receive about a 50k sign-on bonus. I will also make about 12k a month before taxes. I currently have about 50k in savings and have been paying my required loan payments of about 1k a month. I live at home, so I do not have rent payments. To be completely honest, there isn’t much I am required to spend on (besides…

Best way to pay off promotional financing? Two years ago, I bought new HVAC units for my house and paid for them through a 36 month 0% interest line of credit through Synchrony Bank. (It is technically on a credit card, although I don’t have any other charges on it.). I have 10 or 11 payments left to make on the balance… Well, I’m supposed to, at least. A few months after opening the l…

Invest or pay down mortgage? My husband and I essentially just have what we’ve put into our 401K for retirement. We’re about to have a paycheck from selling our previous home. Our current home has a high interest rate (7.25%). After paying off our student loans and making sure we have a 6 month emergency fund, does it make sense to just put the rest of the money into our cu…

Should I pay off my $77k of student loans in full? I’m 31 and have $77,459 in student loans (one is private with a high interest rate and the federals ones range from 5-7%). I have 91k saved in a HYSA (4.5% APY) and $19k in my 401k. This would leave me with $13k in my HYSA, which does not feel like enough of a safety net, and I want to be judicious with my decision. Thanks in advance for the inp…

Should I pay more money to my dad? I’m 33 living with my dad (temporarily) as I was in between jobs. My dad is 74 and outright owns a home worth $600k and has around $120k in savings with a pension of around $20k per year which covers his lifestyle expenses. I earn around 120-150k usd. But only recently and I’m not confident I’ll have job security. I currently contribute aroun…

Save or Pay off Debt I’m 24y/o and currently debating on spending my savings on paying down my student loan debt. I started this year with 28k in student loan debt, and with the help of my job I was able to pay off about 10k. I was also able to save about 10k and put it in a high yield savings account. I currently live at home with my parents, and am able to continu…

Shipbob Employee Pay Does anyone here work at Shipbob? I see they have positions available but read their pay is low. Are raises decent each year and job progression for higher positions fast? submitted by /u/SilentGovernment5142

Should I pay off my debt? I currently have around $30k in credit card debt spread over 8 accounts with the highest balance just under $10k and some as low as $1k. I work as a 1099 contractor doing sales. I made a couple good commissions, and I have $40k to be paid at my discretion. So I can cash it all immediately, or stretch it out to be paid in payments etc. *Note this…

Best way to pay for things in Mexico Hi! My husband and I are Brazilians who will spend vacations in México (in México City and Cancun). We were planning to buy a few dollars and mexican pesos before leaving Brazil and use mostly Wise and Avenue cards to pay for things in México. Do many places accept cards in México? Do they charge extra fees for that? Do you believe having most o…

Pay Off Mortgage or Build Up 401k? Seeking Advice. I am good at budgeting and not overspending, but not well-versed in this situation. Mortgage balance is ~$415k with a 6.25% interest rate and 29 years to go. 401k balance is ~$315k with an “annualized +5.66 rate of return” for the past three years combined. On track to contribute $22k this year and am also getting 5% employer m…

Should I pay off 7.125% mortgage? I purchased a $460k new construction home in July. The dealer was offering $10k incentive to finance with their lender, so I used the credit to pad my escrow account, but ended up with a 7.125% rate. The loan balance is $260k, and I have the funds to pay it off. I currently pay $1.5k a month in interest. Is it better financially to pay off the r…

Should I pay my student loans ASAP? I just graduated and I am 24 bringing in $4,060 monthly after taxes. I am currently living with my parents so I have no expenses besides gas. I am looking to move out in February in HCOL area. I have the following- building emergency fund – 3k HYSA Roth IRA has 6k (have only contributed $400 this year) checking/savings has 2.3k Student loans $…

Pay more towards principal? I’ll be honest, I’m not great at understanding all the finance jargon (I’m trying to learn!), so in simplest terms, please advise me! $232k mortgage at a 3.25%, ~15year. Should I pay more monthly towards principal or put towards a HYSA? I do already have an emergency savings for expenses that may come up. Thanks! submitted by /u/Olulife …

Trump May Pay a Steep Price for Vance Vance wasn’t five feet from the altar when his ugliness dominated the discussion.

Pay faster or invest I own a house with a mortgage rate of 2.875. My accountant told me that she recommends me to not to pay the mortgage faster ( currently I pay an extra 600 towards the principal which will pay my loan in 20 years vs. 30), and that some of the people she does the taxes for rather pay the mortgage for as long as possible. What are your thoughts? $7…

Pay with savings and wipe out emergency fund or pay with HELOC loan? A massive tree in our backyard needs to be removed ASAP because disease and recent repeated storm damage have left it in a state where it’s likely to fall and damage the neighbor’s house. We’ve always known it was going to have to happen, but it’s much sooner than we had hoped. It’s not going to be cheap. It’s a big tree and because it’s on a sl…

Should I sell my Apple RSUs to pay off student debts? I joined Apple in June 2023 after graduating from college. I have a student loan of $24,000 with a 12% APR. I have a few RSUs vesting this year. Should I sell those to pay off my student debt, or should I keep the RSUs? submitted by /u/Kooky_Beautiful_3074

Do I have to pay taxes on sports betting withdrawals and deposits? Curious to know if I win on sports betting and withdraw that money to my bank account, but then I deposit the same money back into my betting account and end up losing it, do I still need to pay taxes on those transactions? I’m trying to figure out if the in and out movement of money affects my taxes or if it’s just the winnings that matter. An…